Assets Leases definition
Examples of Assets Leases in a sentence
The Assets Leases were entered into within the ordinary course of business.
All accounts receivable relating to the Assets, Lease(s) and Leasehold Interests and attributable to the period of time after the Effective Date shall be assigned to Nami.
All claims, warranties, guaranties, refunds, causes of action, rights of recovery, rights of set-off and rights of recoupment of every kind and nature, other than warranty or similar claims related to the Assets, Leases or Vendor Contracts, and specifically excluding all rights of the Seller under, and any settlement proceeds arising from, the Seller's class membership in the class action lawsuit known as ▇▇▇▇▇▇▇ v.
Neither Seller, nor any officer, director or authorized agent of Seller is in default with respect to, and has not been charged or to its knowledge threatened with, nor is under investigation with respect to any violation of any Laws relating to any aspect of its business, affairs, properties or assets including, but not limited to, the Restaurants, Assets, Leases, Assumed Contracts, and the Real Properties.
To the best of ▇▇▇▇▇▇'▇ Knowledge, there is no new or recent development, occurrence, event or condition which has materially and adversely affected or may materially and adversely effect the Assets, Lease(s) or Leasehold Interests and ▇▇▇▇▇▇ has not done anything with respect to the Assets, Lease(s) or Leasehold Interests which is not in the ordinary course of ▇▇▇▇▇▇'▇ business, and which would have a material adverse affect on the Assets, Lease(s) or Leasehold Interests.
All accounts receivable relating to the Assets, Lease(s) and Leasehold Interests and attributable to the period of time before the Effective Date shall be retained by ▇▇▇▇▇▇.
The Real Property, Assets, Leases and Vendor Contracts are collectively referred to herein as the "Property".
Between the date hereof and the Closing Date, ▇▇▇▇▇▇ will not enter into any contract, agreement or course of action which may reasonably be expected to materially increase the aggregate amount of its liabilities and which in any way, adversely affects the Assets, Lease(s) or Leasehold Interests or the operations thereof.
Except as set forth on Schedule 3.5(b) hereto, no consent from any --------------- third party is required to transfer to Purchaser any of Seller's rights and interests under any of the Property Leases and the Assets Leases.
From date of closing, and for a period of three years thereafter, neither ▇▇▇▇▇▇ nor any of its agents, servants or employees, shall contact, solicit, induce or otherwise attempt to lease or contract with, the landowners or Lessors who are parties to the Lease(s), or in any way interfere with Nami's operations of the Assets, Lease(s) or Leasehold Interests.